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By Bob Francis, Fort Worth Report
June 4, 2022
A new development in west Fort Worth could bring 5,000 new homes and take 15 years to complete.
The development, which will also include 1,000 acres of prime commercial property, is moving closer to getting off the ground.
The project is located just south of the Walsh Ranch development and includes the 3,790-acre historic Veale Ranch. Dallas-based PMB Capital Investments purchased the land last August.
The ranch property is located just east of the company's Ventana development, an 1,800-home community. The Veale Ranch property is located in both Tarrant and Parker counties and is in both the Aledo and Fort Worth school districts. It is about 12 miles west of downtown Fort Worth.
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